Standard Deviation is a statistical term used to measure the

amount of variability or dispersion around an average. Technically

it is a measure of volatility. Dispersion is the difference between
the actual and the average value. The larger this dispersion or
variability is, the higher is the standard deviation.

The coefficient of variation (CV) is the ratio of the standard deviation to the mean.
The higher the coefficient of variation, the greater the level of dispersion around the mean. It
is generally expressed as a percentage. ... The lower the value of thecoefficient of variation,
the more precise the estimate. The most common use of the coefficient of variation is to assess
the precision of a technique. It is also used ass a measure of variability when the standard
deviation is proportional to the mean, and as a means to compare variability of measurements
made in different units.